Nila Infrastructures gets Rs 43.5 cr order from Adani Shantigram

Nila Infrastructures Ltd said it got a Rs 43.5 cr order from Adani Ports and Special Economic Zone Ltd to construct an office building at Adani Shantigram, located on S.G. Highway, Ahmedabad. The contract envisages overall construction of ground + 13 floors + two basements covering about 300,000 sq. ft. built-up area and has to be […]

Anil Ambani’s Reliance Defence and Engineering to enter the oil rig business

Reliance Anil Ambani Group said its unit Reliance Defence and Engineering Ltd partnered with US-based oil rig comopany ALLRIG to provide jack-up rigs, drilling rigs and other floating fixed oil & gas assets in India. “The association will be helpful in providing solutions for class approved spares, repairs, upgradation and warranty support for critical equipments […]

RCom gets Bombay High Court approval for MTS merger

Reliance Communications said its merger with Sistema Shyam Teleservices has been approved by the Bombay High Court. The Anil Ambani company is merging with SSTL, which operates telecom services under the MTS brand in India. After the merger, RCom shareholders will hold 90% of the resulting entity, with the remaining held by MTS. After this […]

ABB creates record with 1.2 mln volt transformer for new India grid

Power generator ABB said it developed, manufactured and energized a 1.2 mln volts ultra high voltage power transformer to support India’s plans to build a 1,200 kV transmission system. The new grid will supplement the existing 400 kV and 800 kV networks as demand for electricity increases. “The 1.2 million volt transformer represents the highest […]

itel launches VoLTE phone with Iris scanner @ Rs 8,490

itel Mobile said it has launched its s flagship selfie phone, ´it1520´ at Rs 8,490 in India. it520 is equipped with wide angle 13 MP front and back cameras, Iris scanner, 4G-VoLTE connectivity and a Reliance Jio connection. The model runs on Android 6.0 Marshmallow. “The latest launch from itel is the perfect smartphone companion […]

SPECTRUM AUCTION 2016- Vodafone’s novel solution to beat 4G spectrum crunch

Though Vodafone has not revealed exactly which bands it has bought spectrum in, some analysts have already published charts which purportedly show the company’s spectrum purchases. According to the chart, out of the Rs 20,000 or so that Vodafone spent, about 9,221 cr has been on 2.5 GHz band, about 7,315 cr on 2.1 GHz […]

SPECTRUM AUCTION 2016- Vodafone’s novel solution to beat 4G spectrum crunch

Though Vodafone has not revealed exactly which bands it has bought spectrum in, some analysts have already published charts which purportedly show the company’s spectrum purchases. According to the chart, out of the Rs 20,000 or so that Vodafone spent, about 9,221 cr has been on 2.5 GHz band, about 7,315 cr on 2.1 GHz […]

Is this the 4G spectrum scenario in India in 2016?

Vodafone India has not yet revealed their purchase details. They are expected to release it by about 11 am today. The earlier story was based on premature information. Please await the final confirmation from the company. Meanwhile, below, you can find the possible scenario of spectrum purchase by all operators in in the 2016 auctions, […]

SPECTRUM AUCTION 2016: Vodafone emerges the biggest buyer in final results

Vodafone is estimated to have bought pan-India 4G spectrum worth around Rs 21,000 cr in the just-concluded spectrum auction — the largest India has seen. The number also makes Vodafone the biggest spender at the 2016 slug-fest. The runner up is Bharti Airtel at a distant Rs 14,200 cr. Though the final numbers and details […]

SPECTRUM AUCTION 2016- RELIANCE JIO buys spectrum worth Rs 13,672 cr in final results

Reliance Jio Infocomm Ltd (“RJIL”) announces that it has successfully acquired the right to use 269.2 MHz (UL+DL) spectrum across all 22 Service Areas in India in the recently concluded spectrum auction conducted by DOT, Government of India. Service Area wise details of spectrum acquired are as per below. Service Area 800 MHz band (Paired) […]

SPECTRUM AUCTION 2016: Idea Cellular surprises with mega buys in final results

In a surprise development, Idea Cellular made its entry into the world of TDD LTE with its first ever acquisition of unpaired spectrum in the 2016 auctions. The company had so far confined itself to just one band — paired 1800 MHz. Unlike paired band (half of upload and half for download), unpaired spectrum delivers […]

SPECTRUM AUCTION 2016: Vodafone seen having bought pan-India 4G spectrum in final results

Though Vodafone has not revealed its purchases yet, the pattern of announcements so far indicates that the company has purchased 4G spectrum in the 2.5 GHz band across India. The reason for this conclusion is that Bharti Airtel has been successful in buying 10 MHz (half of all) 2.3 GHz spectrum in most circles. 2.3 […]

TABLE: Bharti Airtel’s purchases in spectrum auction 2016 results

Bharti Airtel said that it has acquired 173.8 Mhz spectrum across 1800/2100/2300 MHz bands for a total consideration of Rs 14,244 cr in the latest spectrum auction conducted by the Department of Telecom, Government of India. The company has acquired most of its new spectrum in the crucial 2.3 GHz 4G band, and some of […]

Lupin licenses taste-masking technology from Monosol for paediatric tablets

Pharma Major Lupin Ltd. said its US subsidiary, Lupin Pharmaceutical Inc., has agreed to license technology from Monosol Rx to develop multiple paediatric-focused products. Lupin would develop the pediatric products utilizing MonoSol Rx’s proprietary PharmFilm drug delivery technology. MonoSol Rx’s PharmFilm technology is a drug delivery platform that provides precision dosing in the form of […]

TechProcess to enable e-payment for Muthoot Finance loans

Muthoot Finance, one of India’s largest gold finance company said it has partnered with a Indian electronic payments company TechProcess Payment Services whereby their customers will be able to repay EMI’s through a digital platform. The platform powered by powered by TechProcess will further enable Muthoot Finance to streamline its loan collection process and also […]

Ranveer Singh’s rap song for Jack & Jones campaign to go live tomorrow

Bollywood´s peppy boy Ranveer Singh will promote the international fashion wear Jack & Jones new campaign “Don´t hold back”. The fashion brand has chosen the Bajirao Mastani actor as their new brand ambassador. And the fashion star along with the brand has already made a rap song to kick start the campaign which is entirely […]